Builders FirstSource (BLDR) Tops Q1 EPS by 8c

Builders FirstSource (NASDAQ: BLDR) reported Q1 EPS of $0.24, $0.08 better than the analyst estimate of $0.16. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.69 billion.

Outlook

Concluding, Mr. Crow added, “I remain confident in the outlook for Builders FirstSource and our expanding opportunities for growth. We believe demand in the housing industry remains on a solid trajectory. Our national footprint, strong customer relationships, end market diversity, and ongoing focus on investments in growth initiatives position us to capitalize on the opportunities the market provides. As always, we are committed to creating meaningful value for our shareholders through the Company’s identified initiatives and capitalizing on ongoing market growth. Thank you to all of our associates for their hard work and once again delivering such strong results. I look forward to building on what was a very successful quarter, and continuing to expand our share and profitability.”

For earnings history and earnings-related data on Builders FirstSource (BLDR) click here.

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